Post
Topic
Board Announcements (Altcoins)
Re: [ANN][STEEM][POW] - NO IPO | NO PREMINE | NO INSTAMINE (relaunch)
by
Eclipse Crypto
on 26/03/2016, 21:19:07 UTC
For those who are doing the math, this means we have mined 75% of the STEEM held by current accounts.
For those who are worried about us dumping, we intend to convert it all to VESTS at the end of the week.
VESTS are locked up, non-transverable, non-divisible, STEEM that can only be unlocked via 104 equal weekly payments (2 years).

We recommend everyone convert their STEEM to VESTS.

If this is just HODL plastered on top of bitshares, you are in for a surprise. Bittrex doesn't even think HODL is worth listing.

You are going to need more than just HODL-style "vests".